More Oil & Gas Transportation News

US urged to export more LNG in response to Russia-Ukraine crisis

Mar 10, 2014

An American Petroleum Institute official and two Republican US senators separately called for accelerated US LNG exports in response to the Russian-Ukrainian confrontation over control of the Crimean Peninsula.

IHS CERAWeek: Shale gas gives US competitive advantages

Mar 10, 2014

The US holds ample reserves of natural gas to help supply rising world gas demand, particularly for gas-fired electric power generation in Asia, speakers told the IHS CERAWeek energy conference during the Mar. 5 opening gas keynote speech and the global gas plenary.

IHS CERAWeek: Murkowski to ask EIA for analysis of US oil exports

Mar 10, 2014

US Sen. Lisa Murkowski (R-Alas.) told IHS CERAWeek participants on Mar. 3 that she plans to ask the US Energy Information Administration for an economic analysis regarding the lifting of the ban on crude oil exports.

IOC to buy stake in proposed PNW LNG terminal

Mar 10, 2014

Indian Oil Corp. Ltd. (IOC) has signed an agreement with Progress Energy Canada Ltd., Calgary; Pacific Northwest LNG Ltd. (PNW LNG), Vancouver, BC; and Malaysia’s Petronas in which affiliates of IOC will purchase a 10% interest in the proposed PNW LNG export facility on Canada’s west coast and Progress Energy’s LNG-destined gas reserves in northeast British Columbia.

ETP to launch open season for service from Bakken, Three Forks

Mar 10, 2014

Energy Transfer Partners LP, Dallas, will launch a binding open season on Mar. 12 for crude oil pipeline transportation service from multiple receipt points in North Dakota to various Midwest and Gulf Coast refineries and terminals, including Sunoco Logistics Partners LP’s crude oil terminal in Nederland, Tex.

Devon, Crosstex complete merger of midstream assets

Mar 7, 2014

Devon Energy Corp., Oklahoma City, and Crosstex Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLink Midstream LLC and master limited partnership EnLink Midstream Partners LP. A definitive agreement on the deal was signed in October 2013.

Enbridge receives NEB approval for Line 9B reversal

Mar 7, 2014

Enbridge Pipelines Inc. received permission from Canada’s National Energy Board to proceed with its Line 9B Reversal and Line 9 Capacity Expansion project. NEB approved the project with conditions, allowing Enbridge to operate all of Line 9 in an eastward direction, moving crude from western Canada and the US Bakken shale to refineries in Ontario and Quebec.

Keystone XL national interest comments deadline approaches

Mar 6, 2014

Groups on both sides said support has grown for their positions as the US Department of State’s Mar. 7 deadline approached for comments on whether the proposed Keystone XL crude oil pipeline is in the nation’s best interest.

Moody’s: Ukraine line shutdown could cost Europe 56 bcm of gas

Mar 6, 2014

In the event of a complete stoppage in Russian natural gas transit via Ukraine, Europe will experience a gas deficit of as much as 56 billion cu m (bcm) during 2014, said Moody’s Investors Service in a recent Global Credit Research report.

TransCanada submits Energy East project description to NEB

Mar 6, 2014

TransCanada Corp. has submitted a project description of the proposed Energy East pipeline to Canada’s National Energy Board.

Gazprom Neft connects Badra field to main Iraqi system

Mar 5, 2014

JSC Gazprom Neft has completed laying, testing, and connecting a 165-km oil pipeline from Badra field in Iraq to Gharraf field.

IHS CERAWeek: Shale gas gives US competitive advantages

Mar 5, 2014

The US holds ample reserves of natural gas to help supply rising world gas demand, particularly for gas-fired electric power generation in Asia, speakers told the IHS CERAWeek energy conference during the Mar. 5 opening gas keynote speech and the global gas plenary.

US urged to export more LNG in response to Russia-Ukraine crisis

Mar 5, 2014

An American Petroleum Institute official and two Republican US senators separately called for accelerated US LNG exports in response to the Russian-Ukrainian confrontation over control of the Crimean Peninsula.

KNPC lets contract for Kuwait LNG terminal project

Mar 4, 2014

Kuwait National Petroleum Co. (KNPC) has let a prefrontend engineering design and frontend engineering design contract for an LNG import and regasification terminal in Kuwait to unit of Foster Wheeler AG’s global engineering and construction group.

Prospect of sanctions' end highlights woes of Iranian oil and gas industry

Mar 3, 2014

Bijan Namdar Zanganeh, after being endorsed by the Iranian parliament as the new oil minister, said, "The revival of Iran's lost share in the oil market is my top priority."

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